Gran Tierra Energy (TSE:GTE) PT Lowered to C$10.00 at Royal Bank of Canada

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) had its price target reduced by Royal Bank of Canada from C$11.00 to C$10.00 in a research note released on Tuesday, BayStreet.CA reports.

Gran Tierra Energy Stock Up 3.0 %

Shares of Gran Tierra Energy stock opened at C$8.50 on Tuesday. Gran Tierra Energy has a 52-week low of C$6.36 and a 52-week high of C$14.23. The company has a 50 day moving average of C$10.85 and a 200 day moving average of C$11.31. The company has a quick ratio of 0.58, a current ratio of 0.75 and a debt-to-equity ratio of 147.61. The company has a market capitalization of C$260.53 million, a P/E ratio of 3.99, a P/E/G ratio of 0.23 and a beta of 1.58.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.85 earnings per share (EPS) for the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.50%. The company had revenue of C$121.04 million during the quarter. As a group, research analysts forecast that Gran Tierra Energy will post 0.4175101 EPS for the current fiscal year.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.